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Conference Board's Peterson Sees Consumer Spending Slowing
Bloomberg· 22 hours agoThe Conference Board Chief Economist Dana Peterson says consumers are happy to be working but are...
Sterling holds near two-month highs in volatile week
Reuters· 3 hours agoThe pound eased on Friday after data showed wet weather hit UK consumer spending far more than expected in April, but evidence of sticky inflation, and...
Borrowers, Especially the Young, Struggle With Credit Card Debt in Potentially Bad Sign for Economy
US News & World Report· 19 hours agoConsumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending
FTSE 100 Live 24 May: Retail sales in shock plunge, shares tumble, Abrdn boss out
Evening Standard via Yahoo Finance· 5 hours agoMashed potato sales have soared at a UK supermarket, with a new multi-million-pound mash factory...
What kinds of mobile apps are performing the best?
Stacker via AOL· 21 hours agoMaking apps for this burgeoning market is a lucrative business. Flippa analyzed research from data.ai to see how this market is evolving. The data shows...
Walmart and Target earnings pull back the curtain on an America struggling with high inflation
Fortune via Yahoo Finance· 2 days agoEconomists have been looking for cracks in U.S. consumer spending for years now amid persistent...
Down 94% From Its All-Time High, Here Are 2 Things iRobot Needs to Do for Shares to Soar
Motley Fool via Yahoo Finance· 2 hours agoAll of these companies try to position themselves toward the high end of the market. However, with...
Many Americans are wrong about economic trends. Test your knowledge here.
CBS News via Yahoo Finance· 3 hours agoAs commonly defined by economists, a recession is a slump in economic activity, or when GDP is...
U.K. Shoppers Spent Less in April as Inflation, Rain Damped Sales
The Wall Street Journal· 5 hours agoRetail sales fell 2.3% in April, more sharply than forecast, as consumers proved reluctant to spend...
The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of...
Business Insider via Yahoo Finance· 2 days ago"[B]y our survey, over 70% of low-income consumers right now are saying that they're struggling to...